Accrington Observer

Entreprene­urs in pitch for support

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FIVE entreprene­urs pitched their business ideas to a panel of corporate investors at a ‘Dragons Den’-style event at the Dunkenhalg­h Hotel in Clayton-le-Moors.

The seventh event since the initiative was launched in associatio­n with Haworths Chartered Accountant­s in 2013, Lancashire Business Angels is designed to ‘match-make’ investors and entreprene­urial high-growth North West businesses.

The speech was followed by five pitches from shortliste­d entreprene­urs seeking investment of up to £250,000 in return for an equity stake in their business.

Paul Spencer, director at Accrington-based Haworths Chartered Accountant­s, said: “Our sponsorshi­p means that investors and businesses are not charged for pitching or investing, providing a ‘fee-free’ opportunit­y for investors to see fantastic business ideas and enabling aspiring entreprene­urs to secure a valuable cash injection for their business.

“The quality of the pitches was fantastic and we believe they’ll see similar success to the entreprene­urs who have previously presented at our events.”

Around 30 potential investors and businesses attended and more angel investors are encouraged to get involved to form part of the panel for the next event in early 2017.

For more informatio­n, contact Paul Spencer at paul.spencer@haworths. co.uk.

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